Global Flow Cytometers Market to Exceed US$2.0 Billion by 2015, According to a New Report by Global Industry Analysts, Inc.

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GIA announces the release of a comprehensive global report on Flow Cytometers markets. The global market for Flow Cytometers is forecast to exceed the US$2.0 billion mark by the year 2015. Key factors driving market growth include surging applications of flow cytometers in various end-use segments, and increased demand from Asia-Pacific, the US and European markets. Additionally, innovations in stem cell research, monoclonal antibodies, computers, electronics, and fluorochrome chemistry are accelerating the market growth.

Flow Cytometers: A Global Strategic Business Report

San Jose, California (Vocus)October 26, 2010

High-precision flow cytometry market was minimally affected during 2008 and 2009 by the recent global meltdown. Flow cytometry is expected to witness significant growth in the coming years driven by factors such as potential applications in immunology, biochemistry, microbiology, cytogenetics, chemical engineering, agronomy, molecular biology, and cytology. Further, technological advances and innovations in stem cell research, monoclonal antibodies, computers, electronics, and fluorochrome chemistry are likely to fuel growth in the market. Clinical labs are conventional growth drivers while research segment, spurred by increasing use in pharmaceutical, biotech and discovery tools companies, is expected to be the major factor driving growth in the next few years.

The United States represents the largest region for flow cytometers worldwide, as stated by the new market research report on Flow Cytometers. Research and clinical laboratories are the largest end-use segments of cytometric equipment. Europe represents the other major market for Flow Cytometers, with sales projected to reach US$488.7 million by 2012. However, fastest growth is likely to emanate from Asia-Pacific market. The market is projected to flaunt a CAGR of more than 11% over the analysis period. Outsourcing of clinical trials and research, stem cell research, multiplexing, emphasis on ART for patients infected with HIV and increase in number of corporate and professional hospitals, especially multi-specialty healthcare centers are key factors driving growth in the Asia-Pacific market.

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world’s largest market research publishers. The company employs over 800 people worldwide and publishes more than 1200 full-scale research reports each year. Additionally, the company also offers thousands of smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.